Empowering SMEs
for Global Competitiveness

To educate and empower SMEs for quality improvement, quality productivity, global competitiveness, unique products and design.

To increase the contribution of the manufacturing sector to India’s GDP from the current levels to a higher proportion over the next decade.

To generate jobs in the manufacturing sector, particularly in SMEs, which are crucial for inclusive economic growth.

To encourage SMEs to adopt advanced technologies, industrial automation, artificial intelligence (AI), Internet of Things (IoT), and robotics for improving efficiency and global competitiveness.

AI and machine learning will continue to evolve, with machines becoming more intuitive, emotional, and empathetic. These technologies will enable deeper collaboration between humans and machines, creating seamless interactions that combine human decision-making with machine precision and analysis.

Robotics will evolve to work alongside humans, not just in manufacturing environments but also in service sectors like healthcare, education, and hospitality. These robots will be designed to be more adaptive, learning from their interactions with humans and their environments.

The 5th Industrial Revolution offers a chance for global collaboration to address critical issues like climate change, poverty, and public health. The interconnectedness of digital platforms and technologies will allow nations and organizations to share knowledge, resources, and expertise, fostering collective action on a global scale.

To attract both domestic and foreign investments to the manufacturing sector through enhanced policy incentives, regulatory ease, and building infrastructure that supports large-scale industrial activities.

To enhance India's exports by fostering high-quality manufacturing, innovative products, and efficient supply chains as well enhance 60% contributions in exports.

To reduce dependency on imports by enhancing the competitiveness and capabilities of domestic manufacturers, suppliers, especially in sectors like electronics, defense, engineering, packaging, electricals, automotive, pharmaceuticals and healthcare.

To provide ready-made and plug & play industrial premises / units to set up or expand industrial manufacturing activities in Tier 2 and Tier 3 cities, set up industrial parks, zones and units in various clusters, set up research, development, testing and innovative centers for improvement of productivity, skilling & scaling of skilled man power, integrate start-ups, SMEs, corporates & MNCs for industrial supply chain.

• Industrial Clusters/ Parks:
  The establishment of industrial clusters with state-of-the-art infrastructure to provide a conducive environment for growth.
• Logistics & Connectivity:
  Strengthening logistics and transportation networks to facilitate the smooth movement of raw materials and finished products.
• Warehousing & cold storage:
  Setting up warehousing, cold storage and packaging units to provide value addition services to the manufacturing units and exporters.

A comprehensive skill development program will be launched to provide training in advanced manufacturing techniques, thereby creating a skilled workforce ready to take on challenges in high-tech industries.

• Research and Development (R&D):
  Establishing R&D centers in collaboration with industry stakeholders to drive innovation.
• Technology Transfer:
  Promoting the transfer of new and emerging technologies to Indian manufacturers, especially from global leaders in advanced manufacturing.

• Policies & Schemes:
  Transformation of existing policies and schemes to strengthen SME sector for global competitiveness by providing incentives, benefits and financial advantages for improvement of quality productivity. Recommend and suggest for policy frame work change and its speedy implementation.
• Ease of Doing Business:
  Strengthening regulatory frameworks to reduce bureaucratic hurdles and ensure smoother business operations.
• Incentives:
  Offering tax relief, subsidies, and special economic zones (SEZs) for manufacturing companies, especially those investing in new technologies.

Emphasizing energy-efficient manufacturing, the use of renewable energy, and sustainable practices to ensure that India’s manufacturing sector aligns with the global environmental standards.

Supporting SMEs to set up smart factories for quality productivity and establish alliance with the Indian and foreign enterprises for contract manufacturing as a member of Global Capability Centers with talented man power and advanced technologies.

• Robotic Process Automation
• Internet of Things
• Big Data and Analytics
• Predictive analytics
• Artificial Intelligence
• Machine Learning
• Additive Manufacturing
• Digitisation and digitalisation
• Cloud Computing and Edge Computing
• Augmented Reality (AR) and Virtual Reality
• Cybersecurity
• Energy Efficiency and Sustainability
• Customization and Flexibility
• Human-Machine Collaboration

Supporting the growth and modernization of Micro, Small, and Medium Enterprises (MSMEs) by providing financial support, investment, infrastructure and advanced technology for scaling up of the sector.

• Electronics and Electricals: Building India as a hub for electronics & electricals manufacturing, tapping into global supply chains and reducing reliance on imports.
• Pharmaceuticals & Chemicals: Strengthening India’s position as a global leader in pharmaceutical manufacturing, particularly in the generic drug space and chemicals.
• Automobiles and Aerospace: Promoting manufacturing excellence in sectors like automobile, aerospace and defense.